thetaOwl

PURR

Hyperliquid Strategies IncClose $8.05EOD only
Max Pain
$8.00
Next expiry Jul 10, 2026
Expected Move
±$1.00
12.4% from close
Price Gap
-0.05
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.37
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects PURR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jul 2, 2026 close
Max Pain — PURR
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $8.00 (0.05 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$8.00
Nearest expiry
Expected Move
±$1.00
±12.4%
Days to Expiry
8
Calendar days
Total Call OI
2,355
Nearest expiry
Total Put OI
426
Nearest expiry
P/C OI Ratio
0.18
Put-heavy
Spot Price
$8.05
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$8.006/26/2026, 11:25:37 PM
2026-07-02$8.007/2/2026, 11:28:49 PM
2026-07-10NextUpdated$8.007/3/2026, 11:24:26 PM
2026-07-17$9.007/3/2026, 11:24:26 PM
2026-07-24$8.007/3/2026, 11:24:26 PM
2026-07-31$8.507/3/2026, 11:24:26 PM
2026-08-07$7.507/3/2026, 11:24:26 PM
2026-08-21$8.007/3/2026, 11:24:26 PM
2026-09-18$7.007/3/2026, 11:24:26 PM
2026-12-18$8.007/3/2026, 11:24:26 PM
Selected expiration: 2026-07-10 at max pain $8.00.
PURR pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
50106100106100
606390063900
6.504295042950
702385023850
7.501265012650
8150029504450
8.5505015006550
91465030014950
9.56260015062750
101203500120350
10.52080000208000
113207500320750
125472500547250
12.56609000660900
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures

Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.

How traders use it

It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.

What can break it

Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.

The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.